bB bB bB bB
5th Edition bB
by Peng Mike. Complete Chapters 1 - 17
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1 © b 2023 b Cengage. b All b Rights b Reserved. b May b not b be b scanned, b copied b or b duplicated, b or
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b posted b to
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B B B B B B B B B B B
a b publicly b accessible b website, b in b whole b or b in b part.
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,TABLE OF CONTENTS bB bB bB
1. Chapter b 1: b Introduction B B
2. Chapter b 2: b Formal b Institutions: b Politics, b Laws, b and b Economics
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3. Chapter b 3: b Informal b Institutions: b Cultures, b Ethics, b and b Norms
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4. Chapter b 4: b Resources b and b Capabilities
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5. Chapter b 5: b International b Trade
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6. Chapter b 6: b Foreign b Direct b Investment
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7. Chapter b 7: b Foreign b Exchange
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8. Chapter b 8: b Global b and b Regional b Integration
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9. Chapter b 9: b The b Entrepreneurial b Firm
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10. Chapter b 10: b Foreign b Market b Entry
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11. Chapter b 11: b Global b Competitive b Dynamics
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12. Chapter b 12: b Alliances b and b Acquisitions
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13. Chapter b 13: b Strategy, b Structure, b and b Innovation b in b Multinationals
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14. Chapter b 14: b Marketing b and b Supply b Chain b Management
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15. Chapter b 15: b Human b Resource b Management
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16. Chapter b 16: b Corporate b Finance b and b Governance
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bB bB bB bB bB bB bB bB bB bB bB bB Chapter b 17: b Corporate b Social b Responsibility
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2 © b 2023 b Cengage. b All b Rights b Reserved. b May b not b be b scanned, b copied b or b duplicated, b or
B
b posted b to
B
B
B
B B B B B B B B B B B
a b publicly b accessible b website, b in b whole b or b in b part.
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,Chapter 1 bB
Table of Contents bB bB
Purpose b and b Perspective b of b the b Chapter ............................................................................................................ 2
B B B B B
Cengage b Supplements .................................................................................................................................................. 2
B
Chapter b Objectives ......................................................................................................................................................... 2
B
Complete b List b of b Chapter b Activities b and b Assessments................................................................................... 3
B B B B B B
What's b New b in b This b Chapter ..................................................................................................................................... 3
B B B B
Opening b Case b Discussion: b Emerging bMarkets—Apple, b America, b and b China ........................................ 3
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Chapter b Outline ............................................................................................................................................................... 4
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End-of-Chapter bGuide ................................................................................................................................................... 9
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Review bQuestions ....................................................................................................................................................... 9
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Critical b Discussion b Questions .............................................................................................................................. 11
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Global b Action ............................................................................................................................................................. 12
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Closing b Case: b Emerging b Markets—Are b US b Multinationals b Good b for b America? ........................... 12
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Appendix...........................................................................................................................................................................14
Generic b Rubrics ......................................................................................................................................................... 14
B
Standard b Writing b Rubric ....................................................................................................................................... 14
B B
Standard b Discussion b Rubric ................................................................................................................................. 14
B B
3 © b 2023 b Cengage. b All b Rights b Reserved. b May b not b be b scanned, b copied b or b duplicated, b or
b posted b to
B
B B
B
B B B B B B B B B B B
a b publicly b accessible b website, b in b whole b or b in b part.
B B B B B B B B
, Purpose and Perspective of the Chapter bB bB bB bB bB
The b purpose b of b this b chapter b is b to b explore b the b concepts b of b international b and b global
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b business. b First, b we b discuss b the b importance b of b studying b global b business. b Then, b we b develop
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b the b unified b framework b used b in b each b chapter, b which b focuses b learning b on b one b fundamental
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b question b and b two b core b perspectives—an b institution-based b view b and b a b resource-based
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b view. b Next, b we b explore b the b concepts b of b globalization, b semiglobalization, b and b risk
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b management. b As b a b backdrop b for b the b remainder b of b the b text, b the b Global b Business b and
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b Globalization b at b a b Crossroads b section b makes b two b points: b First, b a b basic b understanding b of
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b the b global b economy b is b necessary. b Second, b it b is b important b to b critically b examine b your b own
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b personal b views b and b biases b regarding b globalization. b Additionally, b we b outline b three b leading
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b debates b concerning b business b and b globalization/deglobalization. b Finally, b we b explore b the
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b broad b implications b for b savvy b managers b and b students b for b the b future b of b global b business b in
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b a b less b global b world.
B B B B
Cengage Supplements bB
The b following b product-level b supplements b provide b additional b information b that b may b help b you b in
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b preparing b your b course. b They b are b available b in b the b Instructor b Resource b Center.
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Transition b Guide b (provides b information b about b what’s b new b from b edition b to b edition)
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Educator’s b Guide b (describes b assets b in b the b platform b with b a b detailed B B B B B B B B B
b breakdown b of b activities b by b chapter b with b seat b time)
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PowerPoint b(provides b text-based b lectures b and b presentations) B B B B B
Test b Bank b (contains bassessment b questions b and b problems)
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Guide b to b Teaching b Online b (provides b information b about b the b key b assets b within b the
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b product b and b how b to b implement/facilitate b use b of b the b assets b in b synchronous b and
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b asynchronous b teaching b environments)
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Accelerated b Course b Syllabus b (provides b guidance b on b the b recommended b delivery b of B B B B B B B B B
b course b materials b given b a b 5-week, b 8-week, b 12-week, b and b 16-week b course)
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MindTap b User b Guide b (provides b information b on b how b to b navigate b and b use b MindTap)
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Chapter Objectives bB
The b following b objectives b are b addressed b in b this b chapter:
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1-1 Explain b the b concepts b of b international b business b and b global
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business. b 1-2 Give b three b reasons b why b it b is b important b to b study b global
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bB business.
1-3 Articulate b one b fundamental b question b and b two b core b perspectives b in b the b study b of
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b global b business.
B B
1-4 Describe b the b importance b of b globalization, b semiglobalization, b and b risk b management.
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1-5 State b the b size b of b the b global b economy b and b its b broad b trends b and b understand b your
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b likely b bias b in b the b globalization b debate.
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1-6 Participate b in b three b leading b debates b concerning b global B B B B B B
4 © b 2023 b Cengage. b All b Rights b Reserved. b May b not b be b scanned, b copied b or b duplicated, b or
b posted b to
B
B B
B
B B B B B B B B B B B
a b publicly b accessible b website, b in b whole b or b in b part.
B B B B B B B B